- What is an influence diagram give an example?
- What does an influence diagram look like?
- What shape is used to represent an intermediate variable in an influence diagram?
What is an influence diagram give an example?
An influence diagram is a general representation of key identified risks, alternatives, and outcomes in a way that represents their interconnectivities and relative ordering [4, 5]. From: Standard Handbook of Petroleum and Natural Gas Engineering (Third Edition), 2016.
What does an influence diagram look like?
An influence diagram is an intuitive visual display of a decision problem. It depicts the key elements, including decisions, uncertainties, and objectives as nodes of various shapes and colors. It shows influences among them as arrows.
What shape is used to represent an intermediate variable in an influence diagram?
Typically, rectangles are used to represent independent or decision variables, circles are used to represent uncontrollable or intermediate variables, and ovals are used to represent dependent or outcome variables.